Quote from: resty on December 06, 2018, 08:57:30 AM

Quote from: freightjoe on December 02, 2018, 02:39:39 PM

We see it every time Bitcoin goes to a new lower level.

Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"

Reality is that every dip is a new lower level - and after that comes another dip...and another.

In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.

Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.

"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost

Buy a Dip is only a way to recovered the lost money so we have to understand the situation there are time that we accept the reality. volatile movement of price is really not sure how we can earn a stable income but because of our effort and focus someday we achieve of our goal.

not a problem buying when dip, but only for the short term, do not hold too long and sell when the opportunity has come,
but when buying you also have to look at the chart first, whether the candle shows the price to go back up, even though it is small